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The ability for blockchains to make strong commitments about how they will behave in the future allows new networks to be created.
Chris Dixon • Read Write Own: Building the Next Era of the Internet
Trust can be achieved by increasing transparency requirements, namely by sharing identity and reputation information.
William Mougayar • The Business Blockchain: Promise, Practice, and Application of the Next Internet Technology
“smart property”—
Paul Vigna , Michael J. Casey • The Age of Cryptocurrency
The blockchain and crypto-currency-based protocols and platforms are just enablers for the consensus mechanism. Typically, these are open source decentralized consensus and decentralized trust protocols that enable the irrefutability, verifiability and veracity of all transactions and smart programs.
William Mougayar • The Business Blockchain: Promise, Practice, and Application of the Next Internet Technology
The blockchain decentralizes trust and makes way to multiple, singularly harmless, but collectively powerful entities that authenticate it.
William Mougayar • The Business Blockchain: Promise, Practice, and Application of the Next Internet Technology
If bitcoin’s blockchain ends up as the default protocol for these new applications, it’s going to need some serious upgrading before it can live up to all these sweeping, life-altering promises.
Paul Vigna , Michael J. Casey • The Age of Cryptocurrency
The Three Components of Crypto Success: Product/market fit, Community participation, Sufficient decentralization (community ownership)
The need for product/market fit is obvious. Without a product people want, there are no users, no business, and it will be difficult to sustain a community for long. Community participation and decentralized control
... See moreJesse Walden • Progressive Decentralization: A Playbook for Building Crypto Applications | Andreessen Horowitz
Austin Robey • What Co-ops and DAOs Can Learn From Each Other
The theory is attractive: publish your medical record safely on the blockchain and be assured that you or an authorized person can access it anywhere in the world.